Industrial Output Rose in May, but Housing Sales Slowed in First Five Months of 2014

BEIJING—China's economy is struggling to find equilibrium, data released Friday shows, with government stimulus measures gaining traction last month while the vital housing market continues its swoon.

Industrial production chugged along and retail sales improved in May. That, combined with upticks in exports and inflation that were reported earlier, suggested to some analysts that the targeted stimulus measures the government has...